freehold for sale · aspen hohse is located fronting the m3 motorjal, jithin ancells bhsiness park,...

FREEHOLD FOR SALE

FleetOffice Investment Opportunity

8,450 SQ FT (785.03 SQ M) NIAAspen HouseAncells Business ParkBarley Way, FleetHants GU51 2UT

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Key Benefits Location

Aspen House is located fronting the m3 motorway, within Ancells Business Park, one ofthe premier Business Parks on the m3 motorway. Ancells Business Park is home toseveral blue chip companies and organisations such as murata, Keysite Technologies,Boeing Defence UK, Compassion UK and Rohde & Schwarz.

Road communications are excellent, with J4a of the m3 being just 3 miles distant. Fleetmainline railway station is only one mile from the building (with half hourly services toLondon Waterloo and a journey time of approximately 50 minutes).

Description

Aspen House comprises a self-contained detached modern two storey office buildingwith it's own private parking for up to 52 cars.

The building is occupied by Datanet.co.uk Ltd ( Co Reg 3214053) as a data centre andoffice HQ. Datanet.co.uk Ltd provide private cloud, hosting and connectivity solutions,experian provide a "Below Average Risk" credit score for the company. The tenant hasfitted out the ground floor as a data centre, whilst the first floor is used as open planoffices with a number of meeting rooms.

The tenant has installed a significant power supply of up to 1.5mW (500kva), and thereis fibre broadband connectivity of up to 10GB. Additionally the tenant has installed a UPSsystem, with three external back-up generators housed in a secure fenced area withinthe car park.

Farnborough 01252 816061 - Leatherhead 01372 360190 - Woking 01483 723344 - Guildford 01483 388800 - Redhill 01737 852222

AGenCy • InveSTmenT • DeveLoPmenT • ASSeT mAnAGemenT • LAnDLoRD & TenAnT

Aspen House, Ancells Business Park, Barley Way, Fleet, Hants GU51 2UT

•Detached 8,450 sq ft office/data centre investment.

•Let to Datanet.co.uk Ltd to 19th July 2027.

•Let at a low rent of £111,000 pax (£13.13 per sq ft).

•Current office rents on Ancells BP circa £16.00 to £17.50 psf.

•Upward only rent review and tenants break 20th July 2022.

•FRI Lease outside the L&T Act 1954.

•Secure site with 52 car spaces.





Accommodation

The building provides the following approximate net internal floor areas:

Ground floor reception 95 sq ft

Ground floor offices 4,145 sq ft

1st floor offices 4,210 sq ft

Total 8,450 sq ft

Tenancy Information

The entire building is let to Datanet.co.uk Ltd ( Company Reg no 3214053), who have been inoccupation since 2007. The lease, which is on a FRI basis and outside the Landlord and TenantAct 1954, is for a term expiring on 19th July 2027. The rent is at a very low passing rent of£111,000 per annum exclusive (£13.13 per sq ft).

There is an upward only rent review in July 2022, together with an tenants option to determinethe lease at the same date. The tenant benefits from a 3 month rent free period from 20thJuly 2022.

Tenure/Price

The freehold is offered for sale subject to and with the benefit of the lease to Datanet.co.ukLtd. offers are invited for the investment.


SUBJECT TO CONTRACT Prices & rentals are subject to VAT where applicableMisrepresentation Act: Hurst Warne and their joint Agents, where applicable, for themselves and for the vendors or lessors of this property for whom they act, give notice that (i) these particulars are a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole part of an offer or contract; (ii) the agents cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy; (iii) no employee of the agents has any authority to make any representation or warranty to enter into any contract whatever in relation to the property; (iv) prices/rents quoted in these particulars may be subject to VAT in addition; and (v) the agents will not be liable in negligence or otherwise, for any loss arising from the use of these particulars. Code of Practice for Commercial Leases - The Code of Practice on Commercial Leases in England and Wales recommends you seek professional advice before agreeing a business tenancy. The Code is available through the website www.commercialleasecode.co.uk


5123-HW/ASPen/05-19

Peter [email protected]: 07803 078011

For viewing and further information on pricing contact:

Viewings

Business Rates

Rates Payable: £49,644 per annum (based upon Rateable value: £98,500 and UBR: 50.4p)Interested parties should make their own enquiries with the relevant local authority.

Energy Performance Rating

A copy of the energy Performance Certificate is available on request from the agents.

Farnborough 01252 816061 - Leatherhead 01372 360190 - Woking 01483 723344

Guildford 01483 388800 - Redhill 01737 852222

Our Farnborough, Woking, Guildford, Leatherhead and Redhill regional offices cover Kent, Surrey, Hampshire, Berkshire & the South West M25

freehold for sale · aspen hohse is located fronting the m3 motorjal, jithin ancells bhsiness park,...

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